14 September 2021
Oman Cement to upgrade Rusayl cement plant 14 September 2021
Oman: Oman Cement plans to upgrade its 4.2Mt/yr Rusayl cement plant. Reuters News has reported that the producers’ plans consist of a 25% capacity expansion of Line 3 of the plant to 5000t/day from 4000t/day and the construction of a new 10,000t/day Line 4. Lines 1 and 2 will subsequently shut down. Thus, the upgrade will increase the plant’s nominal clinker capacity to 15,000t/day from 8700t/day.
Simba Cement to begin construction of West Pokot cement plant in 2022 14 September 2021
Kenya: Simba Cement plans to begin building a cement plant in West Pokot in 2022. The Star newspaper has reported that the Devki Group subsidiary believes the producer will complete the project 18 months after the start of construction.
Devki Group chair Narendra Raval said “The firm is currently holding public participation and consultative forums with residents and leaders of the area. We want to make sure the community makes the best out of this project.”
Brazil: Companhia Siderúrgica Nacional (CSN) Cimentos plans to resume its initial public offering (IPO) of shares in mid-October 2021. The producer is aiming to raise at least US$478m. It will conclude the offering before 1 January 2022. Parent company CSN previously suspended the IPO in July 2021 due to unfavourable market conditions.
Hanson truck drivers vote on strike action 14 September 2021
UK: 200 Hanson truck drivers began voting on proposed strike action on 10 September 2021. Building Design Online News has reported that the drivers’ union, Unite, has proposed the measure in response to a ‘hefty pay cut.’ The HeidelbergCement subsidiary offered a 2.5% pay rise to truck drivers for 2022. The union said that UK inflation was currently at 3.9%. It added that a strike would lead to a cement shortage affecting some of the country’s largest projects, including the HS2 high-speed railway. Voting will conclude on 24 September 2021.
Turkey: 120,000 members of the Construction Contractors Confederation (IMKON) downed tools on 9 September 2021 in protest against high cement prices. Emerging Market Watch News has reported that the strike will last until 21 September 2021 or until ‘satisfactory developments.’
The Ministry of Trade has tightened procedural restrictions on exporting clinker. Trade Minister Mehmet Mus is in talks with construction and cement industry representatives.